Willis Group Holdings said the brokerage has acquired two South American companies, terms of the transactions were not disclosed.

In Lima, Peru Willis said it has acquired JH Asesores y Corredores de Seguros S.A. (JHA), a leading broker. As part of the agreement, Willis will also acquire JHA's reinsurance operation, JH Corredores de Reaseguros S.A.

In Sao Paulo, Brazil the firm has bought K.R. Athos Consultoria e Corretora de Seguro de Vida s/c Ltda (Athos), an employee benefits company.

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